Newmont Ranked Top Gold Miner in DJSI World Index
November 16 2020 - 10:30AM
Business Wire
For the 13th year in a row, Newmont Corporation (NYSE: NEM, TSX:
NGT) joins the Dow Jones Sustainability™ World Index (DJSI World),
representing the top 10% of the globe’s largest 2,500 companies in
the S&P Global Broad Market Index. DJSI World membership is
based on long-term economic factors, as well as leading
environmental, social and governance (ESG) performance evaluated
through the 2020 SAM Corporate Sustainability Assessment (CSA).
The 2020 CSA results also place Newmont as the top-ranked gold
miner for the sixth consecutive year. The ranking is based upon
Newmont’s performance in calendar year 2019. Newmont recently
announced industry-leading greenhouse gas emissions reduction goals
of 30% by 2030, with the ultimate goal of being net zero carbon
emissions by 2050.
“Newmont’s commitment to ESG is fundamental, it is part of the
company’s fabric and history, and is essential to our license to
operate,” said Tom Palmer, President and CEO of Newmont. “I am
extremely proud of our employees for their strong commitment to our
purpose of creating value and improving lives through sustainable
and responsible mining. We are honoured to continue our DJSI World
membership, and to have earned top gold miner distinction in the
CSA. This honour comes with the recognition that we must continue
to challenge ourselves to further improve and deliver on our
commitments for all of our stakeholders.”
The CSA assesses companies’ quality of management and future
performance potential by evaluating 24 categories of financially
material sustainability information. The results allow investors to
integrate ESG factors into their investment decisions, and identify
those companies that are well-positioned to address current and
future sustainability-driven challenges and opportunities.
In addition to top gold miner ranking, Newmont earned top decile
performance in 19 of the 24 CSA performance categories, and 100th
percentile results for sector-leading practices in the following
areas:
- Economic: corporate governance, materiality and codes of
business conduct
- Environmental: environmental reporting and management of
water-related risks
- Social: social reporting
“We congratulate Newmont Corporation for being included in the
DJSI World index. A DJSI distinction is a reflection of being a
sustainability leader in your industry. With a record number of
companies participating in the 2020 Corporate Sustainability
Assessment and more stringent rules for inclusion this year, this
sets your company apart and rewards your continued commitment to
people and planet,” said Manjit Jus, Global Head of ESG Research
and Data, S&P Global.
About Newmont
Newmont is the world’s leading gold company and a producer of
copper, silver, zinc and lead. The Company’s world-class portfolio
of assets, prospects and talent is anchored in favorable mining
jurisdictions in North America, South America, Australia and
Africa. Newmont is the only gold producer listed in the S&P 500
Index and is widely recognized for its principled environmental,
social and governance practices. The Company is an industry leader
in value creation, supported by robust safety standards, superior
execution and technical expertise. Newmont was founded in 1921 and
has been publicly traded since 1925.
Newmont’s purpose is to create value and improve lives through
sustainable and responsible mining. To learn more about Newmont’s
sustainability strategy and initiatives, go to Beyond the Mine at
www.newmont.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201116005807/en/
Media Contact Courtney Boone
303.837.5159 courtney.boone@newmont.com
Investor Contact Eric Colby
303.837.5724 eric.colby@newmont.com
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